Research and Markets: Financial Regulatory Reform 2010: Why the Dodd-Frank Act is only the Starting Point for Reshaping Consumer Protections and Interchange

Aug 19, 2010, 11:13am

 

Research and Markets (http://www.researchandmarkets.com/research/a6b807/financialregulato) has announced the addition of Javelin Strategy & Research’s new report “Financial Regulatory Reform 2010: Why the Dodd-Frank Act is Only the Starting Point for Reshaping Consumer Protections and Interchange” to their offering.

The passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 is the keystone in the Obama administrations regulatory era, affecting the balance of power among the banking and payments industries, retailing, consumers and regulators. Two consumer-focused elements the creation of the Consumer Financial Protection Bureau (CFPB) and the Durbin Amendment covering interchange rules (Section 1075) loom large in their potential to affect how consumers borrow, bank and buy. The sweep of the reforms and a lack of regulatory detail create both headaches and opportunities for banks, credit unions, card issuers and financial services vendors as they seek to comply with the rules, influence how future regulations will be defined and enforced, and cope with both the intended and unintended consequences of the reform.

Primary Questions

     

  • How will the Dodd-Frank Act and specifically the creation of the Consumer Financial Protection Bureau and the Durbin Amendment change how consumers borrow, bank and buy financial products?
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  • What steps should banks, credit unions, card issuers and financial services vendors take to preserve revenue and thrive in this new regulatory environment?
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  • Where can FIs still play an influential role in defining regulations and shaping how they will be enforced?
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  • Where will the new consumer protection watchdog focus its attention first?
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  • How will the Durbin Amendment affect consumers use of debit, credit, prepaid cards and other card-related products, and what are the possible consequences intended or not for interchange pricing and card usage?
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  • How can debit issuers use fraud-prevention investments to offset lost interchange revenues?
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  • How should the payments industry reposition its lobbying efforts to counter the political and regulatory gains of merchants?
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Key Topics Covered:

     

  • Overview
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  • Primary Questions
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  • Methodology
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  • Executive Summary & Key Recommendations
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  • Introduction
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  • Key Components of the Dodd-Frank Act
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  • The Consumer Financial Protection Bureau
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  • Key Components of Title X
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  • Industry Lobbyists Have a Window to Shape the Laws Practical Impact
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  • Look for the CFPB to Focus Early on Scoring Headlines as a Watchdog
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  • Redefine How Your Customers Monitor and Manage Their Money
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  • View Disclosure as an Opportunity to Sell Products That Keep Trusting Customers Coming Back for More
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  • The Durbin Amendment Section 1075 of the Dodd-Frank Act
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  • Key Components of Interchange and Card Payment Reform
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  • Lower Debit Interchange Will Drive Heightened Issuer Focus on Rebuilding the Use of Credit Cards
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  • Allowance for Fraud Prevention Gives Issuers a Break
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  • Merchants Will Push for Further Control Over Payments Services
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  • Multitier Interchange Rates Will Create a Confusing Product Environment and the Need for Additional
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  • and much more….
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For more information visit http://www.researchandmarkets.com/research/a6b807/financialregulato